On the recordMarch 20, 2003
That is percentage of GDP. We have a much bigger percent of GDP, but a tax rate is a tax rate. I ran a corporation. When I made profits, I paid that rate. Maybe somebody was able to figure out some Enron-type schemes and things. This corporation didn't. Most corporations, a lot of corporations do not. I wanted to make sure, the percentage GDP, because we have the largest GDP in the world, I don't think is the relevant type of analysis to use.
Source
govinfo.gov




